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Thursday, August 19, 2010

State Farm Urged to Settle Potential Bad Faith Insurance Claim

State Farm Urged to Settle Potential Bad Faith Insurance Claim: "State Farm Urged to Settle Potential Bad Faith Insurance Claim
November 6, 2009. By Gordon Gibb
Biloxi, MO: A judge in a bad faith insurance case with a wealth of experience in settling insurance claims has urged State Farm to settle an alleged bad faith insurance claim before the matter goes to trial.

Gulfport US District Court Judge L.T. Senter, Jr., who has more than 2400 Katrina insurance settlements to his credit, cautioned attorneys representing State Farm that the insurer should consider settling out of court with a Biloxi policyholder seeking the policy limits for a claim stemming from Hurricane Katrina.

Evidence was presented pertaining to damage at the home of policyholder Reginald Ed Bossier, whose residence was gutted during the storm. Damage extended from the exterior roof and siding to the interior ceiling; insulation hung from the attic and an exterior wall was stripped above the roofline."

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